Setting the right compensation and benefit levels for your staff can be among the most difficult challenges for club managers. But doing it right can mean the difference between recruiting the best workers and watching them take jobs elsewhere. It also can mean the difference between retaining the most hard-working and productive employees and watching them leave for better positions.
But what’s considered to be a good compensation and benefits package for one industry may not make sense for another. Not to mention that there are so many things that go into compensation and benefits programs these days beyond just wages and health insurance. Today, employees of all levels and incomes are interested in benefits such as dental and vision coverage, retirement plans, life insurance and more.
That’s where benchmarking comes in. The just-released 2012 Compensation and Benefits Report, powered by Club Benchmarking, analyzes club industry salaries, wages, benefits and health insurance characteristics at clubs nationwide. Data is available for a variety of salaried and hourly positions and in specific geographic regions. This takes the guesswork out of setting compensation and benefit levels at your club and provides managers like you with a powerful tool during both the hiring and annual review process. And while salary and benefits information can be confusing, charts and graphs make the benchmarking information easy to understand.
The 2012 Compensation and Benefits Report is complimentary to clubs that subscribe to Premier Club Services. You can purchase the report here or join PCS.